## The Global Economy's Turbulent Year in Five Charts

_IMF Blog, December 27, 2022_

## Source details

**Canonical URL:** [The Global Economy's Turbulent Year in Five Charts](https://www.imf.org/en/blogs/articles/2022/12/16/the-global-economy-turbulent-year-in-five-charts)

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## Bibliographic details
- Authors: Andrew Stanley
- Published: December 27, 2022

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### Overview
- Title: The Global Economy's Turbulent Year in Five Charts
- Subtitle: Visualizations depict effects of war and inflation—and how they have changed as a new year beckons
- Series: Chart of the Week
- Author: Andrew Stanley
- Date: December 27, 2022
- Purpose: Showcase five of the most popular charts from the Chart of the Week series that illustrate inflection points in the global economy and how updated data show subsequent developments.

### Key themes highlighted
- War and growth:
  - Russia’s invasion of Ukraine is identified as a major inflection point that shifted better-than-expected growth prospects to concern.
- Inflationary pressures:
  - Rapid and persistent inflation, particularly for food and energy, is emphasized as a key headwind weighing on growth and dimming forecasts.
- Evolution over time:
  - The five showcased charts both chronicled past inflection points and, with updated data, illustrate how conditions have progressed since those moments.

### Content focus and structure
- The unit is a visual roundup:
  - Emphasizes visualizations (the five charts) as the primary means to depict the effects of developments on the global economy.
  - Positions the visuals as both explanatory of past shifts and demonstrative of more recent trends using updated data.
- Relation to broader series:
  - The piece is part of the Chart of the Week blog collection and highlights charts that were among the most popular within that series.

### Key statements and takeaways (as presented)
- It’s been a turbulent year.
- The global economy’s better-than-expected growth prospects early on quickly turned to concern after Russia’s invasion of Ukraine.
- Coupled with rapid and persistent inflation, particularly for food and energy, these headwinds weighed on growth and dimmed our forecasts.
- Our Chart of the Week blogs have chronicled these inflection points.
- This week, we showcase five of our most popular charts that helped illustrate the effects of these developments.
- With updated data, the visuals also show how things have progressed since then.

*Source: The Global Economy's Turbulent Year in Five Charts — Andrew Stanley, December 27, 2022.*

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_Source: https://www.imf.org/en/blogs/articles/2022/12/16/the-global-economy-turbulent-year-in-five-charts_